Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

15 Properties
Page 1 of 2
$399,000
Subdivision: Woods Of Hillview
5
Beds
4F11/2
Baths
5,336
Sq.Ft.
2006
Year Built
34
Days on Site
1545923
MLS
THIS PROPERTY IS A SHORT SALE...5 BEDROOM 4.5 BATH LOCATED IN PICTURESQUE CRESTWOOD!! THIS HOME HAS SO MUCH TO OFFER AND WILL BE A GREAT OPPORTUNITY FOR THE LUCKY BUYER WHO LANDS THIS DEAL. CLOSE TO...
Under Contract
8703 Chelmer Ln Louisville, KY 40220
$225,000
Subdivision: Stony Brook Woods
3
Beds
3F11/2
Baths
2,470
Sq.Ft.
1998
Year Built
320
Days on Site
1521866
MLS
Back on the Market! Short Sale. Third party approval required. Water cannot be turned on prior to closing. Home needs work & could be the perfect home for the handy buyer or sophisticated investor....
Under Contract
5109 Oldshire Rd Louisville, KY 40229
$199,900
Subdivision: Indian Falls
3
Beds
2F11/2
Baths
2,000
Sq.Ft.
2002
Year Built
69
Days on Site
1542759
MLS
SHORT SALE OPPORTUNITY!! NEW PRICE!! 3BR, 2.5BA beautiful open plan home that features a 2 story vaulted great room w/ fireplace (wood w/ gas igniter but could be converted back), spacious dining...
$170,000
Subdivision: Vineland Park
4
Beds
2F11/2
Baths
2,263
Sq.Ft.
2006
Year Built
112
Days on Site
1539044
MLS
SHORT SALE. All brick 4 bedroom 2 story home with newer HVAC located in a desirable Vine Grove subdivision. Master suite features dual sinks, jetted tub, and separate shower. Laundry is conveniently...
$155,000
Subdivision: Park Lake Village
3
Beds
2
Baths
1,635
Sq.Ft.
1996
Year Built
184
Days on Site
1532530
MLS
Short sale sold as is. Great opportunity to purchase this 3 bedroom 2 bathroom ranch with partially finished walkout basement. Spacious living area with fireplace. Appliances to remain. Lovely...
$147,500
Subdivision: Village At Wildwood
3
Beds
2F11/2
Baths
1,846
Sq.Ft.
2003
Year Built
5
Days on Site
1548112
MLS
Property is a short sale being sold-as-is subject to lender third party approval!
$132,000
Subdivision: Midland Estates
3
Beds
2
Baths
1,227
Sq.Ft.
2008
Year Built
76
Days on Site
1542148
MLS
MAKE OFFER!! SHORT SALE 3 bedroom, 2 bathroom home that needs. little TLC. This house offers a nice an open floor plan with 1 bedroom on main floor and two upstairs. Full baths on both levels....
Under Contract
6101 Middlerose Cir Louisville, KY 40272
$125,000
Subdivision: Ashby Acres
3
Beds
2
Baths
1,569
Sq.Ft.
1958
Year Built
50
Days on Site
1544468
MLS
Short Sale. This property is sold in As-Is condition. Seller will not make any repairs. Previously a gorgeous 3 bedroom 2 bath ranch located on a corner lot with attached 2 car garage and partially...
$122,000
Subdivision: Meadowood
3
Beds
2F11/2
Baths
1,395
Sq.Ft.
2010
Year Built
32
Days on Site
1546114
MLS
THIS IS A SHORT SALE AND NEEDS 3RD PARTY APPROVAL. GREAT INVESTORS PROPERTY. 3 BEDROOM 2.5 BATH WITH GARAGE. BEING SOLD AS IS NO REPAIRS WILL BE MADE
Under Contract
4711 Aledo Ct Louisville, KY 40229
$114,900
Subdivision: Lone Acres
4
Beds
1
Baths
1,430
Sq.Ft.
1971
Year Built
12
Days on Site
1547671
MLS
Welcome to this traditional bilevel located conveniently near shopping and dining just south of the Gene Snyder and east of 65. On the main level you will find 3 bedrooms and the full bathroom. The...
Under Contract
6103 Herron Ct Louisville, KY 40229
$98,000
Subdivision: Maple Grove
3
Beds
1
Baths
900
Sq.Ft.
1962
Year Built
37
Days on Site
1545574
MLS
Short Sale. 3 bed, 1 bath with 1 car detached garage. Property is being sold ''AS-IS''***Agents***Please see sellers disclosure.
Under Contract
11415 Flowervale Ln Louisville, KY 40272
$64,000
Subdivision: Sun Valley
3
Beds
2
Baths
2,094
Sq.Ft.
1956
Year Built
72
Days on Site
1542242
MLS
This distressed property is in need of some TLC. Great investor opportunity! Schedule a showing today.Property is a short sale, requires bank approval.
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